(b) The costs are adequately supported by permitted Price allocation programs in accordance Using the applicable Expense accounting rules of the portion; and
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indicates a kind of grant or cooperative agreement pursuant to which the Federal agency or pass-by means of entity presents a certain volume of funding without the need of regard to real expenses incurred beneath the Federal award.
(three) Notwithstanding the encouragement in § two hundred.307 to gain plan revenue, the receiver or subrecipient ought to not use tools obtained Using the Federal award to supply products and services for the rate that's less than a private business would charge for identical solutions unless specifically approved by Federal statute.
suggests a grouping of carefully similar systems that share popular compliance needs. The types of clusters of systems are investigation and development (R&D), university student fiscal aid (SFA), and other clusters. “Other clusters” are defined by OMB within the compliance health supplement or specified by a Point out for Federal awards the Point out provides to its subrecipients that meet up with the definition of a cluster of programs.
(ii) Measuring The prices of abnormal or mass severance pay by the use of an accrual technique will likely not achieve fairness for both equally get-togethers. Consequently, accruals usually are not allowable.
(3) Federal businesses that take into account producing a Federal award into the receiver in the 5 year period of time will have to look at this information in judging whether the recipient is certified to obtain the Federal award once the Federal share in the Federal award is expected to exceed the simplified acquisition threshold around the duration of functionality;
(b) When establishing overall performance reporting frequency and material, the Federal agency should really consider what information and facts are going to be essential to measure the recipient's progress, to determine promising methods of recipients, and Make the evidence on which the Federal agency would make plan and performance conclusions.
This can be a procurement technique used when conditions are usually not suitable for more info making use of sealed bids. This procurement method may cause possibly a set-price or Price tag-reimbursement contract. They are really awarded in accordance with the next specifications:
(four) When the recipient or subrecipient can't meet the criteria for progress payments along with the Federal company or go-as a result of entity has identified that reimbursement is not really feasible because the receiver or subrecipient lacks enough Performing funds, the Federal agency or move-by way of entity may possibly supply income on a Performing money advance foundation. Under this treatment, the Federal agency or pass-by entity ought to advance dollars payments for the recipient or subrecipient to go over its estimated disbursement needs for an First interval typically aligned towards the receiver's or subrecipient's disbursing cycle.
The Federal agency may perhaps inform applicants that they do not need to offer particular information now becoming gathered via other usually means.
(B) The invitation for bids have to define the merchandise or expert services with certain information and facts, together with any essential specifications, with the bidder to appropriately respond;
(v) Payments for unfunded pension costs have to be billed in accordance With all the allocation rules of the subpart. Precisely, the receiver or subrecipient may not charge unfunded pension charges on to a Federal award if All those unfunded pension prices are not allocable to that award.
Statutory specifications could limit the allowability of fees. Any prices that exceed the most amount of money authorized by statute might not be charged for the Federal award. Only the quantity allowable by statute can be charged on the Federal award.